BRC

E737313

BRC is an abbreviation commonly used to refer to a Board Risk Committee, the governing body responsible for overseeing an organization’s risk management framework and policies.

All labels observed (1)

Label Occurrences
BRC canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf abbreviation ⓘ
board committee ⓘ
governing body ⓘ
collaboratesWith audit committee ⓘ
chief risk officer ⓘ
executive management ⓘ
domain corporate governance ⓘ
risk management ⓘ
focusesOn compliance risk ⓘ
emerging risks ⓘ
financial risk ⓘ
operational risk ⓘ
reputational risk ⓘ
strategic risk ⓘ
hasFunction advise the board on risk appetite ⓘ
escalate significant risk issues to the full board ⓘ
monitor key risk exposures ⓘ
oversee organization’s risk management framework ⓘ
oversee risk management policies ⓘ
review effectiveness of risk management systems ⓘ
isGuidedBy board-approved risk appetite ⓘ
isPartOf board of directors structure ⓘ
mayBeEstablishedBy financial institutions ⓘ
large private companies ⓘ
public companies ⓘ
mayInclude independent non-executive directors ⓘ
risk management experts ⓘ
meets regularly to review risk matters ⓘ
objective ensure risks are identified, assessed, and managed ⓘ
support sustainable long-term value creation through risk oversight ⓘ
operatesUnder board committee charter ⓘ
oversees enterprise risk management ⓘ
risk appetite framework ⓘ
risk culture ⓘ
risk governance ⓘ
risk management framework ⓘ
risk management policies ⓘ
risk reporting ⓘ
refersTo Board Risk Committee ⓘ
reportsTo board of directors ⓘ
reviews internal control effectiveness related to risk ⓘ
material risk incidents ⓘ
risk limits and tolerances ⓘ
risk reports from management ⓘ
standsFor Board Risk Committee ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.